2. Supported by a valuable consideration other than the service rendered by the common carrier
3. Reasonable, just and not contrary to public policy
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Free Legal Advice Philippines » GENERAL PRINCIPLES, UPDATES » LEGAL MATTERS, GEN PRINCIPLES, DOCTRINES, UPDATES » Commercial Law » Transportation Code » REQUISITES FOR A VALID STIPULATION IN TRANSPORTATION OF GOODS CONTRACT BETWEEN THE COMMON CARRIER AND THE SHIPPER OR OWNER LIMITING THE LIABILITY OF THE FORMER TO LESS THAN THE EXTRAORDINARY DILIGENCE
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